How Much Did Formulus Black Raise?
Funding & Key Investors

Formulus Black has secured $788K in total capital, with its most recent financing round bringing in $438K in a major strategic investment. This enterprise-level funding underscores the company's significant progress and market potential in the high-performance computing sector.

The company's financial trajectory, marked by consistent debt financing rounds, indicates a steady operational build-up and a commitment to scaling its innovative technology.

What is Formulus Black?

Formulus Black
SoftwareStorage & System Management Software

Formulus Black is at the forefront of revolutionizing in-memory compute with its proprietary software technology, FORSA. This advanced solution empowers applications by transforming server memory into a high-performance storage medium. FORSA is engineered to handle the most demanding computational workloads, offering developers a pathway to minimize latency, maximize throughput, and achieve seamless scalability without compromising performance. The company's focus on optimizing storage and compute interaction positions it as a key player in the evolving landscape of enterprise data processing.

How much funding has Formulus Black raised?

Formulus Black has raised a total of $788K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$438K

Debt (2020): $350K with participation from PPP

Debt (2021): $438K led by PPP

Key Investors in Formulus Black

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Formulus Black?

The recent major strategic investment signals a pivotal moment for Formulus Black, likely enabling accelerated product development, market expansion, and enhanced customer acquisition strategies. This capital infusion is expected to fuel the company's growth, allowing it to further solidify its position in the competitive in-memory compute market. Formulus Black's strategic focus on unlocking the full potential of server memory for high-demand applications positions it for continued innovation and market leadership.

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Frequently Asked Questions Regarding Formulus Black Financial Insights

What are the most recent funding rounds that Formulus Black has completed, and what were the funding rounds?
Formulus Black has recently completed 2 funding rounds: Debt on Mar 26, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Formulus Black has raised to date?
Formulus Black has raised a total of $788K in funding to date.
How many funding rounds has Formulus Black completed?
Formulus Black has completed 2 funding rounds.
How much funding did Formulus Black raise in its most recent funding round?
Formulus Black raised $438K in its most recent funding round.
Who are the lead investors in Formulus Black's latest funding round?
The lead investor in Formulus Black's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Formulus Black's history?
The largest funding round in Formulus Black's history was $438K.
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